Post Utme Bsu 2017 Accounting Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Bsu Accounting examination.

Post Utme Bsu 2017 Accounting Objective / Multiple Choice
Question 34 POST_UTME_BSU • 2017 • ACCOUNTING • objective

A company's profit and loss account for the year ended 31st December 2017 showed the following: Trading profit ₦150,000, Interest on investments ₦20,000, Dividend income ₦10,000, Rent received ₦5,000. What is the total profit for the year?

Answer Options

A. ₦185,000
B. ₦190,000
Correct Answer C. ₦195,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦195,000

About This Question

This is Post Utme Bsu 2017 Accounting Question 34. It is one of the objective questions from the 2017 Post Utme Bsu Accounting examination.

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